Securities Regulation Daily Wrap Up, FRAUD AND MANIPULATION—SEC levies $1M fine for fraudulent revenue reporting, (Oct 14, 2026)
Organizations Mentioned:Latch, Inc.
By John Filar Atwood
The company misstated its revenue in multiple public filings, and failed to maintain internal controls to detect side agreements made by its sales team.
A Missouri-based company has agreed, without admitting the allegations, to pay a $1 million civil ...